Global Cybersecurity Market Outlook and Forecasts 2017 - 2022

Enterprise and government spending for cybersecurity products, managed services, and professional services will be substantial over the course of the next few years. According to Cybersecurity Ventures, cumulative global spending on cybersecurity products and services will exceed $1 trillion over the next five years. Furthermore, the firm predicts $6 trillionin cybercrime damages annually by 2021. Accordingly, Mind Commerce sees damage control and mitigation solutions as a critical portion of the cybersecurity market.